By: Jackson S.B. No. 916 2001S0614/1 A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to the authority of certain municipalities to dispose of 1-3 airport property. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Section 22.024, Transportation Code, is amended 1-6 by adding Subsection (d) to read as follows: 1-7 (d) Notwithstanding Subsection (a), a municipality with a 1-8 population of 1.6 million or more may exchange, convey, sell, 1-9 lease, or otherwise dispose of land or any interest in real 1-10 property related to a former military installation or air 1-11 navigation facility, if the exchange, conveyance, sale, lease, or 1-12 other disposal is carried out as a component of targeted 1-13 redevelopment of such real property together with aerospace, 1-14 aviation, or aircraft manufacturing firms of other airport-related 1-15 industrial parks or communities. 1-16 SECTION 2. This Act takes effect September 1, 2001.